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Transmitting Communication from Louis A. DePasquale, City Manager, relative to the appropriation of $2,242,100 from Free Cash to the Public Investment Fund School Extraordinary Expenditures account to fund the Cambridgeport School window replacement project

CMA 2021 #153·Council meeting Jun 14, 2021·1 page·📄 Original PDF (city portal)
City of Cambridge Agenda Item Number 3A IN CITY COUNCIL June 14, 2021 ORDERED: That the City of Cambridge appropriate the amount of two million two hundred forty two thousand, one hundred ($2,242,100) dollars for the purpose of paying costs of Cambridgeport School window replacement project. The Cambridgeport School building, located at 89 Elm Street in Cambridge, currently has windows that are forty years old, with worn out balances, springs and operating sash hardware. Cold air leakage frequently overwhelms the heating system, making it difficult to maintain classroom temperatures on cold days. There is much loss of energy due to the age and construction of the existing windows. This project falls under priority category number 5, which is for the replacement, renovation, or modernization of school facility systems, such as roofs, windows, boilers, heating and ventilation systems, to increase energy conservation and decrease energy related costs in a school facility, as determined in the judgment of the Authority, including the payment of all costs incidental or related thereto (the “Project”), which proposed repair project would materially extend the useful life of the school and preserve an asset that otherwise is capable of supporting the required educational program, and for which the City of Cambridge may be eligible for a grant from the Massachusetts School Building Authority (“MSBA”), said amount to be expended under the direction of the School Facilities Management Department. To meet this appropriation the Cambridge City Council, is authorized to borrow said amount under M.G.L. Chapter 44, or pursuant to any other enabling authority. The City of Cambridge acknowledges that the MSBA’s grant program is a non-entitlement, discretionary program based on need, as determined by the MSBA, and any project costs the City of Cambridge incurs in excess of any grant approved by and received from the MSBA shall be the sole responsibility of the City of Cambridge; provided further that any grant that City of Cambridge may receive from the MSBA for the Project shall not exceed the lesser of (1) forty six point twelve percent (46.12 %) of eligible, approved project costs, as determined by the MSBA, or (2) the total maximum grant amount determined by the MSBA; and that the amount of borrowing authorized pursuant to this vote shall be reduced by any grant amount set forth in the Project Funding Agreement that may be executed between the City of Cambridge and the MSBA. In City Council June 14, 2021. Adopted by a yea and nay vote:- Yeas 9; Nays 0; Absent 0. Attest:- Anthony I. Wilson, City Clerk A true copy; ATTEST:- Anthony I. Wilson City Clerk